26.03.2009 - Mumtalakat says no selling of assets now
From Ameinfo.com: The head of Mumtalakat Bahrain, the country's sovereign wealth fund, told Reuters he does not expect the company to divest its holdings in local firms this year because of low market valuations. Mumtalakat had been planning to sell-off assets in which it has a majority position and buy into foreign companies as part of a strategy to diversify Bahrain's assets.....Full Article: Source
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